Skip to main content

Federal govt releases Rs 12.13bn for CPEC projects under PSDP 2019-20


Federal govt releases Rs 12.13bn for CPEC projects under PSDP 2019-20

APP

11:40 PM | March 20, 2020

The government has so far released development funds of over Rs 12.13 billion for various development projects of China Pakistan Economic Corridor (CPEC) under its Public Sector Development Programme (PSDP) 2019-20.

According to latest data issued by the ministry of Planning on Thursday, the government had allocated Rs 18 billion for around 20 projects of CPEC for the year 2019-20.

For construction of KKH phase-II Havelian-Thakot (118.057 M) part of CPEC, the government released Rs 2 billion out of total allocation of Rs 2.238 billion.

The government has also released Rs 1.8 billion for preliminary design for up-gradation of main line (ML-1) and establishment of dryport near Havelian under the CPEC.

For improvement and widening of Chitral-Booni-Mastuj-Shandur road, the total allocated amount of Rs 1 billion has been released, whereas for Sukkur-Hyderabad motorway, an amount of Rs 2.8 billion was released out of total allocated funds of Rs 6.5 billion.

The government also released Rs 1.2 billion for land acquisition and resettlement for CPEC- Islamabad-Raikot section (Phase-I), Havelian-Thakot (120.12 km), while Rs 1.89 billion were released for construction of Zhob to Kuchlak for which the government had allocated Rs 1.025 billion.

Similarly the government also released Rs 320 million for 5 million gallon per day sea water desalination plant at Gwadar out of total allocation of Rs 400 million and for strengthening of core network and expansion of PERN footprints through CPEC optical fiber (PERNIII), an amount of Rs 300 million has also been released.

For construction of offices for Intelligence Bureau alongwith CPEC, the government released Rs 111.2 million out of total allocation of Rs 164 million while for the project upgradation of NGMS (3G/4G) services and seamless coverage along KKH (in support of CPEC) in Gilgit Baltistan, an amount of Rs 600 million has been released.

The government also released Rs 9.455 million for establishment of CPEC Support Unit (CSU) for projects and activities in Gwadar Port Authority for which Rs 18.19 have been allocated for current fiscal year.

Likewise, for construction of Centre of Excellence for CPEC, Pakistan Institute of Development Economics (PIDE), the government has so far released Rs 50 million out of Rs 73.8 million while for CPEC support project at ministry of Railways, another Rs 50 million have also been released

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed. Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area” For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number” Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell yo

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please help the deserving persons... Salary: Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows; Welder: Rs. 1,700 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.

A ‘European Silk Road’

publication_icon Philipp Heimberger ,  Mario Holzner and Artem Kochnev wiiw Research Report No. 430, August 2018  43 pages including 10 Tables and 17 Figures FREE DOWNLOAD The German version can be found  here . In this study we argue for a ‘Big Push’ in infrastructure investments in greater Europe. We propose the building of a European Silk Road, which connects the industrial centres in the west with the populous, but less developed regions in the east of the continent and thereby is meant to generate more growth and employment in the short term as well as in the medium and long term. After its completion, the European Silk Road would extend overland around 11,000 kilometres on a northern route from Lisbon to Uralsk on the Russian-Kazakh border and on a southern route from Milan to Volgograd and Baku. Central parts are the route from Lyon to Moscow in the north and from Milan to Constanţa in the south. The southern route would link Central Europe with the Black Sea area and